THE BOSCH GROUP is a leading global supplier of technology and services. It employs roughly 389,000 associates worldwide (as of December 31, 2016). The company generated sales of 73.1 billion euros in 2016. Its operations are divided into four business sectors: Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology. As a leading IoT company, Bosch offers innovative solutions for smart homes, smart cities, connected mobility, and connected manufacturing. It uses its expertise in sensor technology, software, and services, as well as its own IoT cloud, to offer its customers connected, cross-domain solutions from a single source. The Bosch Group’s strategic objective is to create solutions for a connected life. Bosch improves quality of life worldwide with products and services that are innovative and spark enthusiasm. In short, Bosch creates technology that is “Invented for life.” The Bosch Group comprises Robert Bosch GmbH and its roughly 440 subsidiaries and regional companies in some 60 countries. At 120 locations across the globe, Bosch employs some 59,000 associates in research and development.

The Mobility Solutions business sector, one of the world’s biggest automotive suppliers, accounts for 60 percent of total sales. Its main areas of activity are injection technology and powertrain peripherals for internal-combustion engines, diverse solutions for powertrain electrification, steering systems, safety and driverassistance systems, technology for user-friendly infotainment as well as vehicle-to-vehicle and vehicle-to-infrastructure communication, repairshop concepts, and technology and services for the automotive aftermarket. The sector combines the group‘s expertise in three mobility domains – automation, electrification, and connectivity. It offers its customers integrated mobility solutions that allow cars to interact with other means of transportation such as bicycles, trains, and buses. Bosch has been responsible for important automotive innovations, such as electronic engine management, the ESPR anti-skid system, common-rail diesel technology, and the e-axle, the electric axle drive system presented at the start of 2017. The new drive integrates transmission, electric motor, and power electronics in one compact housing, making the powertrain significantly less expensive, more compact, and more efficient.